VESTFJORDGATA 28-30 AS

0160 OSLO

Finances

Share Ownership

Return on Equity

−140,63 %

Current Ratio

2,84

Debt-to-Equity Ratio

63,97

Key figures (NOK)	2022	2021	2020
Revenue	525 000	550 000	502 000
Net Income	−45 000	56 000	−46 000
Total Assets	2 138 000	2 258 000	2 219 000
Total Equity	32 000	22 000	−34 000

Income (NOK)	2022	2021	2020
Revenue	525 000	550 000	502 000
Expenditure	500 000	425 000	476 000
Operating Profit	26 000	126 000	27 000
Financial Income	0	0	0
Financial Costs	85 000	69 000	74 000
Financial Balance	−85 000	−69 000	−74 000
Earnings Before Tax	−59 000	56 000	−46 000
Tax	−14 000	0	0
Net Income	−45 000	56 000	−46 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 973 000	2 027 000	2 013 000
Total Current Assets	165 000	231 000	206 000
Total Assets	2 138 000	2 258 000	2 219 000
Total Retained Equity	2 000	−8 000	−64 000
Total Equity	32 000	22 000	−34 000
Total Long-Term Debt	2 047 000	1 948 000	2 000 000
Total Current Debt	58 000	287 000	254 000
Total Equity and Debt	2 138 000	2 258 000	2 219 000

Cash flow (NOK)	2022	2021	2020
Sales Income	525 000	0	0
Other Income	0	550 000	502 000
Revenue	525 000	550 000	502 000
Cost of Goods Sold	0	0	0
Salary Costs	219 000	141 000	184 000
Depreciation	5 000	5 000	5 000
Impairment	0	0	0
Expenditure	500 000	425 000	476 000
Operating Profit	26 000	126 000	27 000
Financial Income	0	0	0
Financial Costs	85 000	69 000	74 000
Financial Balance	−85 000	−69 000	−74 000
Dividends	0	0	0
Net Income	−45 000	56 000	−46 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	1 968 000	1 968 000	1 968 000
Machinery and Plant Facilities	0	10 000	15 000
Fixtures	5 000	0	0
Total Tangible Assets	1 973 000	1 978 000	1 983 000
Total Fiancial Fixed Assets	0	49 000	31 000
Total Fixed Assets	1 973 000	2 027 000	2 013 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	81 000	228 000	204 000
Total Current Assets	165 000	231 000	206 000
Total Assets	2 138 000	2 258 000	2 219 000
Total Equity	32 000	22 000	−34 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 047 000	1 948 000	2 000 000
Creditors	11 000	11 000	0
Unpaid Taxes	0	10 000	6 000
Dividends	0	0	0
Other Current Debt	47 000	266 000	247 000
Total Current Debt	58 000	287 000	254 000
Total Equity and Debt	2 138 000	2 258 000	2 219 000

Financial indicators	2022	2021	2020
Return on Equity	−140,63 %	254,55 %	135,29 %
Debt-to-Equity Ratio	63,97	88,55	−58,82
Operating Profit Margin	4,95 %	22,91 %	5,38 %
Current Ratio	2,84	0,8	0,81
Quick Ratio	2,84	0,8	0,81
Equity Ratio	0,01	0,01	−0,02
Gross Profit Margin	100 %	100 %	100 %